Shubh is the web-based and mobile app-based trading platforms of Indiabulls. The broker launched a new subscription-based unlimited monthly trading plan for Shubh platform users. The plan is club together with margin funding for equity delivery at zero interest. Subscription starts from Rs 1000 till Rs 100,000 for 30 days.
There is a range of subscription fee or monthly charges client can choose to pay to get margin funding accordingly for equity delivery trading. In the base plan of Rs 1000, no margin funding is provided. The broker offers 5x exposure in the equity Intraday trading and Margin Trading Funding (MTF) with Zero Interest for equity delivery. Pay Rs 2000 and get 1 Lac MTF, Pay Rs 3000 and get 2 Lac MTF. The higher subscription plan you choose the higher is MTF. Max Rs 1 lakh plan with 50 lakh MTF funding. There are 15 different plan options.
| Plan | Charges (For 30 Days) | Margin Funding Zero Interest |
|---|---|---|
| 1 | Rs 1,000 | Rs 0 |
| 2 | Rs 2,000 | Rs 1,00,000 |
| 3 | Rs 3,000 | Rs 2,00,000 |
| 4 | Rs 5,000 | Rs 3,25,000 |
| 5 | Rs 7,500 | Rs 5,00,000 |
| 6 | Rs 10,000 | Rs 6,50,000 |
| 7 | Rs 12,500 | Rs 8,50,000 |
| 8 | Rs 15,000 | Rs 10,00,000 |
| 9 | Rs 20,000 | Rs 12,50,000 |
| 10 | Rs 25,000 | Rs 15,00,000 |
| 11 | Rs 30,000 | Rs 17,50,000 |
| 12 | Rs 35,000 | Rs 20,00,000 |
| 13 | Rs 45,000 | Rs 22,50,000 |
| 14 | Rs 50,000 | Rs 25,00,000 |
| 15 | Rs 1,00,000 | Rs 50,00,000 |
Under this plan, the client can do unlimited Equity and Currency derivatives (F&O) trading for 30 days by paying Rs 1000. There is no margin funding available for the derivative segment. Intraday exposure is 2x for F&O trade.
The company offers a free 30 day trial for its subscription plan with auto-renewable.
Last updated on 19th Sep 2019
